Some Facts (!) About the Debt — Where it Comes From, Where It Went

I also recommend the Cumulative Debt in % of GDP chart for recent administrations. Bush beats Obama and Reagan, although I think Obama would probably be larger if one were to normalize for the length of his term. Clinton is a negative number as he was retiring debt — things would be so much better right now if GW hadn’t gone and squandered our money. And started a war of choice. And tortured people. (None of which excuses Obama’s Hooveristic tendency on the economy, the extension of the wars plus the start of a new one, the drone-murder of US citizens abroad, and the rather muted end of torture.)

3 Responses to Some Facts (!) About the Debt — Where it Comes From, Where It Went

This is not a good graphic, because it presents decadal old information in nominal, not inflation adjusted, dollars. For example, the GDP price deflator ratio between 1981 and 2010 is 2.1, so you should roughly double the 3.4 trillion debt of Reagan/Bush1. A somewhat more careful calculation comes up with 5.8 trillion. Apply the deflator to the Bush2 deficits and you get 6.7 trillion. Yes, Bush was still the worst, but Reagan’s policy was almost as bad.

I agree that real measures are best. That is why I also recommended the other chart, which does deflate since it divides by GDP (both numerator and denominator being in nominal dollars, the comparisons are in real terms).

This is a good chart for a different reason: because so much of the current rhetoric is in nominal dollars (which I agree with you is not the right choice), it gives perspective in those terms.

Either party, Democrat, Republican are completely ignorant or just intentionally remain unconcerned about the massive expenditures for pandering to the illegal alien invasion. The federal debt ceiling and all 50 States have huge deficits from the illegal immigration occupation. Schools, health care and programs that is reducing America to a pauper nation. You as the American people must start yelling at the politicians in Washington, to demand they recognize that this issue is part of the discretionary spending. Only Rep. Michele Bachmann R-MN) Leader of the Tea Party Caucus, dares to speaks out about this issue, with a conviction that this is part of our national issues. The TEA PARTY membership can now be counted in the tens of million of ordinary citizens, who are black , Hispanic, White and other races. Bombard Congress with you voices, tell them no Amnesty, No Immigration Reform, no Sanctuary cities or States and No Dream Acts.

REMOVE ILLEGAL ALIENS AND THAT WILL CONSERVE TAXPAYER MONEY, AND MOVE US ON TOWARDS A BALANCED US TREASURY BUDGET AND THAT INCLUDES ALL 50 STATES WILL ARE SUFFERING AS WELL.

This needs to be repeated that When (Fair) analyzed the cost of illegal immigration and its nationwide deficit, they came up with a stunning figure of $113 billion dollars annually, while illegal alien revenue to the government coffers was a total amount of $13Billion dollars and change. Not included in these illegal foreign labors is wages leaving the country to foreign nations, estimated to be 46 Billion dollars? Our economy is sinking and the Obama administration is insisting on passage of another Amnesty failure. Heritage Foundation has stated that cost for processing another Amnesty expenditure is another 2.5 Trillion dollars.

Break down of revenue to support illegal migrants and illegal immigrants.
Federal Expenditures on Illegal Aliens

Education Title 1 program $1,332,900,000
Migrant education program $236,900,000
Title 111 program $538,000,000

If you as a taxpayer wants to keep paying financial support for 20 million illegal aliens outlaws, then you deserve higher taxes and loss of jobs. Read the projections of future years if our borders remain unsecured, or no tracking system for 40 percent of visa over stays, who disappear and all take American workers jobs. Go to the Heritage Foundation website, NumbersUSA or Judicial Watch and read for the dollar figures that will turn your stomach sour. This is a patriotic chance to help your fellow jobless countryman by Calling House and Senate Leadership NOW Call the Capitol Switchboard at 202-224-3121